Independent BDs

Firm relaunches as Aretec – Cetera spelled backward; new owners are undisclosed.

Commission staffers are probing how broker-dealers are handling ETFs and the extent to which investors understand the risks of the funds.

Judge’s decision paves way for the Cetera subsidiary’s IBDs to move past RCS troubles; retirement benefits are unaffected, judge says.

The recruits generated $1.8 million in annual production before making the move.

In an unusual move, the two veteran advisers left the independent channel to rejoin an employee broker-dealer.

As Cetera parent RCS Capital moves toward bankruptcy emergence, the IBD will shutter two smaller IBDs, leading to likely loss of unknown number of advisers.

Keeney Financial Group plans to leverage Triad affiliation to grow, firm founder says.

Megent is planning to expand its union-sponsored retirement plan services.

He will join a team of ex-Merrill advisers that will oversee more than $370 million in client assets at Snowden.

Vanguard founder John Bogle and the DoL's Phyllis Borzi support an investor bill of rights.

Concerns about the new fiduciary rule helped propel the move, along with a drop in LPL service, an adviser says.

There's a chance clients won't be able to tell the difference if brokerages adopt uniform standards on investment products.

The acquisition hungry firm added nearly 800 independent and employee advisers over the previous year.

Rejection is unsurprising and RCS plans to contest objections by Nicholas Schorsch-affiliated entities, says David Orlofsky, RCS' chief restructuring officer.

Most clients interested in artificial intelligence-enhanced software are in the broker-dealer and RIA markets.

The proposal, which would allow more consumers to join class-action lawsuits over disputes, could drive up compliance costs. Agency director Richard Cordray wants more accountability.

The move broadens its line of digital advice offerings to better serve a variety of clients, says Pershing Advisor Solutions CEO Mark Tibergien.

The recruits moved to the independent side of Wells Fargo.

Paradigm specializes in retirement income planning and serves a significant client base of professional athletes.

Sure, major firms offer exit advice to their advisers, but there’s only so much they can do. Here’s how planners can take the next step on their own.